Planet Fitness

Huge Names Chidi Achara New Chief Product Officer

Retrieved on: 
Thursday, February 22, 2024

In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.

Key Points: 
  • In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.
  • “With Chidi and Matt on our team, I believe we can now accelerate delivering unique and innovative solutions for our clients.”
    Achara brings a depth of product experience to Huge.
  • As Chief Product Officer, Achara’s mission is to scale collaboration across product innovation, design and engineering, and integrate AI technologies to accelerate growth for clients.
  • “Huge has built a business that’s proven to be as innovative as it is durable in an ever-changing market,” said Achara.

Whitestone REIT Acquires Garden Oaks Shopping Center

Retrieved on: 
Wednesday, February 21, 2024

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of the grocery-anchored Garden Oaks Shopping Center in Houston.

Key Points: 
  • HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of the grocery-anchored Garden Oaks Shopping Center in Houston.
  • “Garden Oaks property values are up nearly 50% since 2019, and the area is poised to continue with very strong growth as young professionals settle beyond the Heights area and take advantage of the larger plots and tree-lined streets in Garden Oaks,” said Whitestone REIT COO, Christine Mastandrea.
  • Since the third quarter of 2022, Whitestone has acquired four high quality shopping centers, including Lake Woodlands Crossing , Dana Park Pad and Arcadia Towne Center .
  • “We are very pleased to add the Garden Oaks Shopping Center, which serves young, family-oriented professionals that live in the surrounding Garden Oaks Neighborhoods, to our portfolio.

Barkley and OKRP to Merge

Retrieved on: 
Thursday, March 7, 2024

Leading independent agencies Barkley and OKRP announced today they have merged to become BarkleyOKRP.

Key Points: 
  • Leading independent agencies Barkley and OKRP announced today they have merged to become BarkleyOKRP.
  • We affectionately call it ‘big indie,’” said Jeff King, CEO of Barkley, who retains that role in the new agency.
  • “OKRP has built a creative powerhouse, and Barkley, in addition to its own award-winning creative product, has built a foundation of modern consumer expertise.
  • Barkley and OKRP were brought together by Chicago-based private equity firm Keystone Capital.

Mayfair Capital Partners Acquires Baseline Fitness

Retrieved on: 
Thursday, February 22, 2024

Mayfair Capital Partners (“Mayfair”), a division of Oxford Financial Group, Ltd.™ (“Oxford”), on behalf of its underlying investors, has acquired Baseline Fitness LLC, (“Baseline” or the “Company”).

Key Points: 
  • Mayfair Capital Partners (“Mayfair”), a division of Oxford Financial Group, Ltd.™ (“Oxford”), on behalf of its underlying investors, has acquired Baseline Fitness LLC, (“Baseline” or the “Company”).
  • Founded in 2009 and headquartered in Fargo, North Dakota, Baseline Fitness is a leading franchisee in the Planet Fitness system with 100 locations under its umbrella.
  • * Planet Fitness’ mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, called the Judgement Free Zone®.
  • Mayfair Capital Partners acquired Baseline Fitness from Freeman Spogli and Co.
    Oxford’s Mayfair division has a 20+ year history of investing in high-growth, market-leading companies with the goal of providing growth capital and strategic support in order to enable businesses to broaden their reach and better serve their customers.

PLANET FITNESS AND MEGAN THEE STALLION RELEASE A SECOND CO-BRANDED MERCH COLLECTION "THEE HOTTIE DROP" IN HONOR OF WOMEN'S HISTORY MONTH

Retrieved on: 
Friday, March 8, 2024

HAMPTON, N.H., March 8, 2024 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, today announces its second drop of limited-edition, co-branded merch with Megan Thee Stallion – also known as 'Mother Fitness.' In support of women's empowerment, 'Thee Hottie Drop' will be available for purchase at shop.planetfitness.com beginning today, through March 31, or until supplies last. Planet Fitness will donate 100% of its sale profits* to both Pete & Thomas Foundation and SeekHer Foundation to empower women and advance their mental and physical wellness.

Key Points: 
  • In support of women's empowerment, 'Thee Hottie Drop' will be available for purchase at shop.planetfitness.com beginning today, through March 31, or until supplies last.
  • Planet Fitness will donate 100% of its sale profits* to both Pete & Thomas Foundation and SeekHer Foundation to empower women and advance their mental and physical wellness.
  • As an extension of Planet Fitness' focus on of women's wellness, the Company will also donate to SeekHer Foundation through a corporate contribution and fundraising through new members who join online in March.
  • "The Hotties loved the last Planet Fitness drop, so we had to run it back with brand new pieces," Megan said.

Planet Fitness Chief Financial Officer Tom Fitzgerald to Retire

Retrieved on: 
Thursday, February 22, 2024

HAMPTON, N.H., Feb. 22, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that Tom Fitzgerald, Chief Financial Officer, has informed the Company of his intention to retire at the end of August 2024.

Key Points: 
  • HAMPTON, N.H., Feb. 22, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that Tom Fitzgerald, Chief Financial Officer, has informed the Company of his intention to retire at the end of August 2024.
  • "On behalf of the Board and everyone at Planet Fitness, I would like to thank Tom for his valued partnership and significant contributions to the Company over the last four years," said Craig Benson, Interim Chief Executive Officer.
  • "Tom has been a great asset to Planet Fitness, having brought with him a wealth of knowledge and insight gained from a 40-year career in finance and executive leadership.
  • I believe now is the right time to transition finance leadership as Planet Fitness enters its next phase of growth," said Fitzgerald.

Hyundai Conquers the Big Game with Multi-Brand Instagram Takeover

Retrieved on: 
Wednesday, February 14, 2024

"This proved to be an extremely rewarding weekend for the 22 brands that joined in the fun and took over Hyundai's Insta channel.

Key Points: 
  • "This proved to be an extremely rewarding weekend for the 22 brands that joined in the fun and took over Hyundai's Insta channel.
  • Hyundai also purchased regional buys for the Viking-themed ad during and around the big game in target markets.
  • This content and more will also extend across Hyundai's social media channels such as TikTok, Instagram, Facebook and YouTube.
  • Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision.

Big V Property Group Continues Portfolio Expansion with the Acquisition of Merchants' Square in Carmel, IN

Retrieved on: 
Thursday, February 8, 2024

CARMEL, Ind., Feb. 8, 2024 /PRNewswire-PRWeb/ -- Big V Property Group, with their partner, Equity Street Capital, is proud to announce its latest acquisition, Merchants' Square, located in Carmel, Indiana. This acquisition represents the first venture for Big V Property Group in the Indianapolis market, highlighting the company's continued portfolio expansion.

Key Points: 
  • This acquisition represents the first venture for Big V Property Group in the Indianapolis market, highlighting the company's continued portfolio expansion.
  • This acquisition represents the first venture for Big V Property Group in the Indianapolis market, highlighting the company's continued portfolio expansion.
  • Jeff Rosenberg, President of Big V Property Group, commented, "We are thrilled to expand our portfolio into the Indiana market with the acquisition of Merchants' Square.
  • This acquisition reflects Big V Property Group's ongoing commitment to investing in high-potential markets and marks a significant milestone in the company's portfolio expansion strategy.

PREIT Looks Forward to Welcoming Coveted Brand Primark to Mall at Prince George's

Retrieved on: 
Wednesday, February 7, 2024

PHILADELPHIA, Feb. 7, 2024 /PRNewswire/ -- PREIT (OTC:PRET) today announced the execution of a lease with Primark at Mall at Prince George's in Hyattsville, MD.

Key Points: 
  • PHILADELPHIA, Feb. 7, 2024 /PRNewswire/ -- PREIT (OTC:PRET) today announced the execution of a lease with Primark at Mall at Prince George's in Hyattsville, MD.
  • Primark recently announced their plan for continued expansion in the U.S., anticipating growing their store from 24 locations to 60.
  • Located just outside of Washington DC, Mall at Prince George's is perfectly positioned to benefit from this tenant addition.
  • "Welcoming Primark to the Mall at Prince George's signifies not just a valuable addition to our diverse tenant mix, but a powerful magnet for driving traffic and attracting consumers," says Joseph F. Coradino, CEO of PREIT.

Fall in Love with Fitness - Join Now Through February 16 for $1 Down and No Commitment

Retrieved on: 
Monday, February 5, 2024

New members can join Planet Fitness from now through February 16 for just $1 down and no commitment*.

Key Points: 
  • New members can join Planet Fitness from now through February 16 for just $1 down and no commitment*.
  • Whether you're looking to kickstart your fitness journey or to get back into an exercise routine, Planet Fitness is the place to break a sweat, without breaking the bank, with this limited-time offer.
  • A consumer survey commissioned by Planet Fitness** revealed that Americans like working out with their significant others and provides a fun way to bond while holding them accountable to their fitness goals.
  • To locate the nearest Planet Fitness club to you and take advantage of this limited-time offer for new members, please visit PlanetFitness.com/Local-Clubs .